Mosca, Colorado Property Taxes
The median property tax rate in Mosca, CO is 0.36%, significantly lower than both the national median of 0.99% and the Colorado state median of 0.55%. With a median home value of $99,538 in Mosca, the typical annual property tax bill amounts to $354, which is well below the national median of $2,690. Property taxes in Mosca are based on the tax assessed value, which is often lower than the market value due to various exemptions such as primary residence and agricultural exemptions. Understanding Mosca's property tax system, exploring available exemptions, and identifying opportunities for reductions can lead to substantial annual savings. Whether you're in the heart of Mosca or another part of Alamosa County, comprehending the local property tax system will benefit both homeowners and real estate investors.
Last Updated June 14, 2024
Mosca, Colorado Property Tax Bill Calculator
$100,000
$1,500,000
$3,000,000
Average Tax Rate
0.36%
Estimate Property Tax Bill
$358
$333
Ownwell’s Mosca Property Tax Bill Calculator helps any homeowner, real estate investor, or potential owner estimate their annual property taxes in Mosca with just two data points. By entering your property's estimated assessed value, the calculator applies the median tax rate in Mosca to estimate your property tax bill. This insightful tool helps you understand potential tax liabilities. If you’re interested in seeing trends on a neighborhood level, scroll down to find more localized information. Your property’s assessed value is the value assigned by the county for property tax calculations, accounting for any exemptions that may apply.
Property Tax Rates Across Mosca, Colorado
Property taxes in Mosca, Colorado, play a crucial role in funding essential local services such as public schools, road maintenance, and emergency services. The median tax rate in Mosca is 0.36%, which is significantly lower than the U.S. national median of 0.99%. Local government entities within Mosca set these rates annually, and they can vary across different neighborhoods. Each year, Mosca estimates its required budget to maintain services for the upcoming fiscal year, then divides this budget by the total value of all taxable property within the jurisdiction to calculate the property tax rate. While tax rates and budgets are influenced by laws and voter input, this calculation forms the basis of setting property tax rates. The data below compares Mosca's effective property tax rate to other counties in Colorado and the national median. For comparison, the highest median property tax rate in the region is found in Alamosa County, with a rate of 0.36%. Understanding how these cities compare with Mosca provides valuable insights into the varying tax landscape across Alamosa County, helping homeowners gain a clearer picture of their property tax obligations relative to neighboring areas.
Average Mosca Tax Rate
0.36%
Average Alamosa County Tax Rate
0.41%
Average Colorado Tax Rate
0.55%
Average United States Tax Rate
0.99%
Property Tax Rates Across Mosca, Colorado
| Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 81146 | 0.19% | 0.33% | 0.36% | 0.46% | 0.50% |
Source: Ownwell
Property Tax Assessment Values Across Mosca, Colorado
In Mosca, Colorado, understanding the difference between "market value" and "assessed value" is crucial for comprehending property taxes. The market value is the price a willing buyer would pay a willing seller in an open and competitive market, influenced by factors like location, property condition, and economic trends. This value is estimated by the Alamosa County Assessor for tax purposes. In contrast, the assessed value is the market value minus any applicable exemptions or limits based on local laws and available programs. The assessed value is then used to calculate your property taxes by multiplying it by the combined tax rates of all relevant taxing entities. In Mosca, assessment notices are typically mailed out in the spring, usually by mid-April. These notices provide homeowners with both the market and assessed values, along with an estimate of the annual property tax bill. By understanding the distinction between these valuation concepts, property owners can better navigate their tax responsibilities and comprehend how their property taxes are determined. Being aware of these valuation processes in Mosca helps identify opportunities for protesting assessments or applying for exemptions to effectively manage the tax burden. The zip code 81146 in Mosca has both the highest and lowest median tax bill, valued at $354.
Average Mosca Assessed Value
$99,538
Average Alamosa County Assessed Value
$189,361
Average Colorado Assessed Value
$405,540
Average United States Assessed Value
$244,900
Property Tax Assessment Values Across Mosca, Colorado
| Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 81146 | $6,222 | $22,842 | $99,538 | $227,863 | $324,356 |
Source: Ownwell
Property Tax Bills Across Mosca, Colorado
In Mosca, located in Alamosa County, CO, property tax bills are calculated based on the assessed value of a home, which is a percentage of its market value. The median home price in Mosca is $99,538. Property taxes are influenced by various factors, including the local tax rate and any applicable exemptions. The tax bill can vary significantly within the region. For instance, the tax bill at the 25th percentile is $93, while at the 75th percentile, it climbs to $773. The 90th percentile tax bill reaches $1,167. Interestingly, the highest and lowest median tax bills in the area both stand at $354, specifically in the zip code 81146. These variations can impact homeowners differently, depending on their property's assessed value and any exemptions they might qualify for. Homeowners in Mosca need to be aware of these factors as they can significantly affect their annual property tax obligations, making it crucial to understand how these bills are calculated.
Average Mosca Tax Bill
$354
Average Alamosa County Tax Bill
$694
Average Colorado Tax Bill
$2,283
Average United States Tax Bill
$2,690
Property Tax Bills Across Mosca, Colorado
| Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 81146 | $33 | $93 | $354 | $773 | $1,167 |
Source: Ownwell